22. January 2018 NEW YORK46°F

Gems – An Innovation in Micro Tasks Industry Using Blockchain

Blockchain technology which has seen a tremendous growth in 2017. Became popular with the surge in price of various cryptocurrencies like Bitcoin, Ethereum and Ripple. A technology introduced, 9 years ago, almost a decade is now seeing the actual implementation on the projects other than currencies. A few powerful implementation of Blockchain are Power Ledger, A peer to peer energy transformation, Civic a powerful identity verification & protection tool with the help of blockchain. Gems is one of such powerful project of 2018 that is looking to change the way mechanical turk works.

Marketplaces like Amazon Mturk, Fiverr & User testing are the best example of mechanical turks where crowdsourcing can be done for the micro tasks based on skills of individual or businesses.

Gems.org

Gems is trying to build a decentralised mechanical turk marketplace or a platform on Ethereum blockchain. This marketplace will allows user to hire workers for micro tasks that can completed online in return of gems tokens. This platform will remove middle man that take away huge commission in the existing system such as Fiverr and Mturk. The platform has many more advantages such as

  • Remove duplicate work by Consensus of Redundancy
  • Eliminate huge fee
  • Allow literates to work with bank account
  • Increasing the pay for workers and reducing the overall pay for Employer/Hirer.
  • Allow to create New DApps on top of it, useful for improving efficiency and many other improvement.

This innovative project is backed many powerful people like Biz Stone, Co-founder of Twitter, Luis Cuende, Co-founder of Aragon and Joe Urgo, Co- founder of District 0X. The project is already popular among the crypto community, the telegram group is already around 30K+ user base. Gems.org have not announced the details.

The company have released it Alpha version on 9th Jan 2018.  Where the company have urged 30K Gems user community to test the platform and give their valuable feedback.

ICO Details:

The details of the ICO is yet to be announced, Join their Gems community for more update on ICO.

GoodTime Nation


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